P
PartsTech
A next-generation ordering platform designed to help repair shops find the right parts
About PartsTech
In 2012, Gregory Kirber founded PartsTech with a vision to revolutionize the way automotive technicians procure parts. Frustrated by the inefficiencies of traditional telephone ordering, Kirber set out to create a streamlined online platform that would simplify the procurement process for wholesale auto parts.
PartsTech quickly gained traction in the automotive aftermarket industry by offering a comprehensive B2B e-commerce solution. The platform acts as a "Trivago for auto parts," enabling repair facilities to source aftermarket parts, tires, and original equipment efficiently.
A significant milestone in PartsTech's journey came in May 2023, when the company secured $35 million in Series C funding. Led by OpenView, this funding round was pivotal in fueling PartsTech's growth and expanding its platform capabilities. With this investment, PartsTech aims to enable repair facilities to source 100% of their required parts through its platform, further solidifying its position in the market.
Today, PartsTech stands as a testament to innovation in the automotive industry, continually enhancing the efficiency and effectiveness of parts procurement for professionals. Gregory Kirber's vision and leadership have been instrumental in driving the company's success, making PartsTech a key player in the B2B automotive parts marketplace.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Cambridge, United States
- Employees
- 81
- Open positions
- None listed
- Dealroom signal
- 61.5/100
- Industry
- Transportation
- Sub-industry
- Maintenance
- Sector
- Transportation, B2b Online Marketplace
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | May 2023 | $35M | $140M | Insight Partners · OpenView Venture Partners · BP Ventures | ↗ |
| LATE VCOther financing | May 2021 | $10M | $40M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for PartsTech is 3.6M monthly website visits, up 20% over the last three months. PartsTech's team declined 12% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
BP Global
Castrol InnoVentures
Series B and later3 investors entered at this stage
OpenView Venture Partners
Insight Partners
BP Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about PartsTech on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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